SpiceJet shares have now risen sharply after a prolonged period of weakness, with sustained buying interest driving consecutive upper circuits. The rally has been accompanied by strong trading volumes.
Indian carriers are already under financial pressure from higher fuel prices and longer routings to Western destinations because they have been banned from using Pakistani airspace since last year
The sharp rebound in SpiceJet shares comes after the stock had briefly slipped in early trade, before buyers returned and pushed it back to the upper circuit level.
SpiceJet’s stock had rallied sharply recently, hitting upper circuits in the previous two sessions. However, the latest legal setback adds to a series of challenges faced by the airline.
Stocks to Watch, 10 Apr: Stocks like Tata Consultancy Services, JSW Steel, Wipro, HDFC Life Insurance Company, Poonawalla Fincorp, Saatvik Green Energy, IFB Industries, IRB Infrastructure Developers, SpiceJet, and Gaudium IVF and Women Health will be in focus on April 10.
London's Commercial Court granted summary judgment on Wednesday in favour of Sunbird France 02 SAS over the unpaid rent and maintenance accruals, finding that SpiceJet had no viable defence.
Airlines are already incurring higher operational costs due to the airspace restrictions in the West Asia region amid the conflict
SpiceJet has been coordinating with airport authorities and other stakeholders to ensure smooth operations and passenger handling for these special services
Indian carriers have hiked prices on long-haul routes by 15%, Bloomberg News reported Monday
Geopolitical tensions between Israel and Iran have forced Indian airlines to cancel flights to the Middle East and parts of Europe, impacting up to 40% of Air India's capacity.
Nearly 15 crore SpiceJet shares changed hands in bunched trade
The flight executed an emergency landing in the national capital, with a technical issue suspected to have caused the incident.
The improvement came alongside a 56% expansion in capacity during the October–December quarter (Q3), aided by the induction of 16 aircraft
Airline doubled capacity in the last quarter; targets 225 crore Available Seat Kilometres and over 300 daily flights by Winter 2026
SpiceJet said its recovery has accelerated in recent months as available seat kilometres (ASKMs) rose from around 55 crore to 105 crore.
Honasa Consumer shares rose over 6 percent in Friday’s trade, touching their highest level since June 2025.
Consolidated revenue from operations grew by 14 percent for the reporting quarter to Rs 1,345.46 crore as against Rs 1,178.76 crore posted in the same quarter last year
Starting February 10, SpiceJet will operate daily flights to Imphal from Kolkata, Guwahati and Mumbai, using Boeing 737 aircraft, the company said in a statement.
The Ahmedabad-Sharjah service will operate five times a week, excluding Tuesdays and Wednesdays, providing travellers with greater flexibility for journeys to the Middle East
Airline stocks: There has been disruption during the peak season for air travel, which should create temporary blip in the airline earnings, an analyst said.
The development comes as its rival IndiGo, which has a market share of over 60 percent, failed to implement FDTL norms, resulting in Centre cutting the latter's 10 percent winter flights
SpiceJet share price: The induction of the two Boeing 737 aircraft is another step in SpiceJet's efforts to expand capacity in a 'responsible' manner, the company's CBO said.
The new aircraft began their operations on November 26 and 29, respectively, before the crisis over IndiGo’s failure to implement FDTL norms caused massive flight disruptions across the country
SpiceJet share price: The sharp rise in the share price today came as the domestic airline plans to increase its operational fleet.
Industry sources say this arrangement shields SpiceJet from the major roster-disruptions faced by carriers relying wholly on India-based crew